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How Young People are Driving Africa’s Digital Future: A Recent Report Highlights the Impacts of Technology — And the Need for Greater Support
With over 400 million people between the ages of 15 and 35, Africa has the world’s youngest population — and by 2050, this youth population is projected to increase by 73%. As Grace Natabaalo and Chelsea Horváth at Caribou Digital explain, young Africans are leveraging digital platforms to find work, education and more — but they face numerous challenges in accessing and using technology. They share highlights from a new report based on discussions with 20 young people from seven countries across Africa, which show the impact of digital technology — and how this impact could be amplified.
- Categories
- Education, Technology
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Google Backs Indian Open Source Uber Rival
Google has become one of the latest investors in Moving Tech, the parent firm of Indian open source ridesharing app Namma Yatri.
- Categories
- Technology, Transportation
- Region
- Asia Pacific
- Tags
- e-commerce, innovation, startups
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How Thousands of Americans Got Caught in Fintech’s False Promise and Lost Access to Bank Accounts
The collapse of middleman Synapse has revealed fintech’s promise of safety as a mirage. More than 100,000 Americans with $265 million in deposits have been locked out of their accounts.
- Categories
- Finance, Technology
- Region
- North America
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Huawei Just Built a $1.4 Billion Chip Center as It Faces U.S. Sanctions
The Shanghai-based research and development center will have almost 30,000 employees.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- employment, research
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Brazil Aims to Attract $20 Billion for ESG Projects Using $2 Billion Climate Fund Leverage
Brazil launches a new investment vehicle to boost sustainable projects, aiming to generate $10-20 billion in financing.
- Categories
- Environment, Technology
- Region
- Latin America
- Tags
- ESG, innovation, sustainable finance
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Fintech for Gig-Workers OCN Raises $86 Million
OCN is the leading Fintech for gig workers across the Americas.
- Categories
- Finance, Technology
- Region
- Latin America
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New Portfolio Company in Kenya Scaling up Access to Clean Cooking Through Biogas Solutions
An agreement has been signed with a biogas system provider in Kenya to scale up access to clean cooking solutions for small-scale farmers across the country.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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SolarAid Wins Charity Awards International Aid & Development Category
SolarAid took the top prize in the International Aid & Development category at the 2024 Charity Awards this week, winning for its Light a Village project in Malawi.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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